Coal India OFS: The Government has announced an Offer for Sale (OFS) in Coal India Limited (CIL), comprising a base offer of 1 per cent equity with an additional 1 per cent Green Shoe Option in case of oversubscription. The floor price has been fixed at Rs 412 per share.
“Government of India announces OFS in Coal India Limited with a base offer of 1 per cent of its equity and an additional 1 per cent Green Shoe Option in case of oversubscription. Floor price fixed at Rs 412 per share,” Department of Investment and Public Asset Management (DIPAM) Secretary Arunish Chawla said in a post on X.
With strong operational and financial performance, consistent returns and attractive dividends, CIL continues to offer a compelling long-term investment opportunity, Chawla added.
The FY27 Budget has estimated a mop up of Rs 80,000 crore through disinvestment and asset monetisation, more than double the Rs 33,837 crore given in the Revised Estimates for FY26.
Coal India Q4 results
Coal India reported a steady numbers in the January-March quarter, with its consolidated profit after tax increasing 12 per cent on year-on-year (YoY) basis to Rs 10,908 crore. It stood at Rs 9,740.15 crore in the same quarter the previous financial year.
The company’s revenue from operations reported a YoY growth of 5.8 per cent to Rs 46,490 crore, supported by improved realizations and higher other income. It came in at Rs Rs 43,962 crore in the year-ago period (Q4 FY25).
The consolidated expenses of the company during the fourth quarter of the current fiscal year rose to Rs 37,107.07 crore compared to Rs 34,999 crore in the year-ago period, CIL said in a filing to the BSE.
EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) grew 6.2 per cent YoY to Rs 12,673.06 crore in Q4 FY26 as compared to Rs 11,932 crore posted in the same quarter of the financial year. EBITDA margins improved 12 bps YoY to 27.3 per cent in Q4 FY26 against 27.1 per cent in the year-ago period.
Coal India’s Profit before tax (PBT) for the reporting quarter stood at Rs 14,627 crore, a growth of 12 per cent YoY from Rs 13,070 crore reported in the year-ago period. This reflects stable operating performance despite cost pressures. The company’s total income rose 8 per cent to Rs 51,618 crore during the January-March quarter.
For the year ended March 31, 2026 (FY26), the company’s net profit dropped to Rs 31,094.29 crore over Rs 35,505.79 crore for the year ended March 31, 2025. The revenue for 2025-26 marginally declined to Rs 1,68,400.29 crore over Rs 1,69,177.37 crore for the year ended March 31, 2025.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
